DENVER--(BUSINESS WIRE)--April 8, 2003--At the close of the market on March 31, 2003, Janus Capital Group Inc. (NYSE:JNS) reported total assets under management of approximately $132.7 billion, up slightly from the end of February.
Janus Capital Group's average assets under management during March were approximately $133.8 billion, a small increase from the previous month.
The asset figures include Janus Capital Group's investment management subsidiaries: Janus Capital Management LLC and Berger Financial Group LLC, which owns Enhanced Investment Technologies, LLC (INTECH) and Bay Isle Financial LLC. The total also includes the small- and mid-cap value assets that Perkins, Wolf, McDonnell and Company manages for Berger retail and institutional shareholders.
For the 12 months ended March 31, 2003, 54% of the mutual funds and 46% of the mutual fund assets managed by Janus Capital Group subsidiaries ranked in Lipper's first and second quartiles.(a) (These performance figures exclude multiple share classes, Janus World Funds, subadvised funds, money market funds and Berger's growth funds.)
First-Quarter Financial Results
Janus Capital Group will release its first-quarter financial results before the market opens on Tuesday, April 29, 2003. The company will discuss its results during a conference call April 29 at 11:00 a.m. Eastern Daylight Time. The call-in number will be 877/301-7574. (Anyone outside the U.S. or Canada should call 706/643-3623.) The slides used during the presentation will be available in the Investor Relations section of the Janus Capital Group Web site (www.janus.com) beginning April 29. For those unable to join the conference call at the scheduled time, a replay will be available on www.janus.com.
About Janus Capital Group Inc.
Based in Denver, Colorado, Janus Capital Group Inc. is a leading asset manager offering individual investors and institutional clients complementary asset management disciplines through the firm's global distribution network.
Janus Capital Group consists of Janus Capital Management LLC, Berger Financial Group LLC, Enhanced Investment Technologies, LLC (INTECH) and Bay Isle Financial LLC. Janus Capital Group owns approximately 33% of DST Systems, Inc. (NYSE:DST) and has agreed to take a 30% ownership stake in Perkins, Wolf, McDonnell and Company's investment advisory business.
This press release includes statements concerning potential future events involving Janus Capital Group Inc. that could differ materially from the events that actually occur. The differences could be caused by a number of factors including those factors identified in Janus' Annual Report on Form 10-K for the year ended December 31, 2002, on file with the Securities and Exchange Commission (Commission file no. 001-15253). Janus will not update any forward-looking statement made in this press release to reflect future events or developments.
For a Berger Value Funds prospectus, please visit berger.com. For a Janus funds prospectus, please call Janus at 800/525-3713 or download the file from janus.com. The prospectus contains more information, including charges, risks and expenses. Read it carefully before you invest or send money.
Past performance is no guarantee of future results.
(a) Lipper performance percentages include funds with a minimum track record of one year. Funds included are 20 Janus Investment funds, 11 Janus Adviser funds, 12 Janus Aspen funds, and 3 Berger Value funds. Excludes multiple share classes, Janus World Funds, sub-advised funds, money markets, and all other Berger funds. Funds are ranked within their corresponding Lipper classification for the specified time period. Percentage of funds consists of the total number of funds in each quartile divided by the total number of funds represented. Funds ranked in first quartile are 13, funds ranked in second quartile are 14, funds ranked in third quartile are 8, funds ranked in fourth quartile are 11 and total funds are 46. Percent of assets is calculated by totaling each fund's assets by the corresponding quartile and dividing by the total assets of funds represented as of March 31, 2003. Funds assets for the first quartile are $30.0 billion, funds assets for the second quartile are $7.2 billion, funds assets for the third quartile are $22.6 billion, funds assets for the fourth quartile are $21.1 billion and funds total assets are $80.9 billion.
Lipper, a Reuters company, is a nationally recognized organization that ranks the performance of mutual funds within a universe of funds that have similar investment objectives. Rankings are historical and are based on total return with capital gains and dividends reinvested. Some funds may have experienced poor or negative short-term performance.
Lipper Rankings as of 3/31/03
Janus Investment Fund:
1-Year 5-Year 10-Year
Lipper Category Ranking Ranking Ranking
Domestic Equity Funds
Janus Fund(1) LargeCap Growth
Funds 442/646 103/317 38/87
Janus Core Equity Fund LargeCap Core
Funds 115/969 7/512 -
Janus Enterprise Fund MultiCap Growth
Funds 53/403 81/168 31/50
Janus Mercury Fund LargeCap Growth
Funds 219/646 16/317 -
Janus Olympus Fund LargeCap Growth
Funds 419/646 9/317 -
Janus Orion Fund MultiCap Growth
Funds 312/403 - -
Janus Special Equity
Fund(2) MultiCap Value
Funds 389/486 - -
Janus Twenty Fund(b) LargeCap Growth
Funds 20/646 51/317 10/87
Janus Venture Fund(b) SmallCap Growth
Funds 177/442 70/226 27/46
International/Global
Equity Funds
Janus Global Life
Sciences Fund Health/Biotechnology
Funds 119/180 - -
Janus Global
Technology Fund Science & Technology
Funds 179/348 - -
Janus Global Value Fund Global Funds 292/312 - -
Janus Overseas Fund(b) International
Funds 780/823 90/457 -
Janus Worldwide Fund Global Funds 288/312 84/166 8/33
Combination Funds
Janus Balanced Fund Balanced Funds 39/503 5/334 4/90
Janus Growth and Income
Fund LargeCap Core
Funds 129/969 17/512 1/167
Income Funds
Janus Federal Tax-Exempt
Fund General Muni
Debt Funds 52/291 115/211 -
Janus Flexible Income
Fund Intermediate
Investment Grade
Debt Funds 23/388 152/209 3/82
Janus High-Yield Fund High Current
Yield Funds 134/380 13/209 -
Janus Short-Term Bond
Fund Short
Investment-Grade
Debt Funds 95/128 54/90 18/35
Lipper Rankings as of 3/31/03
Janus Aspen Series - Institutional Shares:
1-Year 5-Year
Lipper Category Ranking Ranking
Domestic Equity Funds
Aggressive Growth
Portfolio VA MultiCap Growth
Funds 4/98 21/44
Capital Appreciation
Portfolio VA LargeCap Growth
Funds 1/133 1/63
Core Equity Portfolio VA LargeCap Core
Funds 35/208 3/111
Growth Portfolio VA LargeCap Growth
Funds 88/133 25/63
Strategic Value Portfolio VA MultiCap Value
Funds 76/91 -
International/Global Equity
Funds
Global Life Sciences
Portfolio VA Specialty/Misc. 41/117 -
Global Technology
Portfolio VA Specialty/Misc. 90/117 -
International Growth
Portfolio VA International
Funds 170/178 19/102
Worldwide Growth
Portfolio VA Global Funds 66/70 20/33
Combination Funds
Balanced Portfolio VA Balanced Funds 7/72 1/50
Growth and Income
Portfolio VA LargeCap Core
Funds 45/208 -
Income Fund
Flexible Income Portfolio VA General Bond
Funds 6/41 3/24
Lipper Rankings as of 3/31/03
Janus Adviser Series - I Shares:
1-Year 5-Year
Lipper Category Ranking Ranking
Domestic Equity Funds
Aggressive Growth Fund MultiCap Growth
Funds 52/403 83/168
Capital Appreciation Fund LargeCap Growth
Funds 11/646 1/317
Core Equity Fund LargeCap Core
Funds 95/969 4/512
Growth Fund LargeCap Growth
Funds 401/646 73/317
Strategic Value Fund Mid-Cap Core
Funds 257/298 -
International/Global
Equity Funds
International Value Fund International
Funds 812/823 -
International Fund International
Funds 788/823 71/457
Worldwide Fund Global Funds 289/312 62/166
Combination Funds
Balanced Fund Balanced Funds 37/503 3/334
Growth and Income Fund LargeCap Core
Funds 69/969 -
Income Funds
Flexible Income Fund Int. Inv. Grade
Debt Funds 28/388 133/209
Lipper Rankings as of 3/31/03
Berger Funds - Investor Shares:
1-Year 5-Year
Lipper Category Ranking Ranking
Domestic Equity Funds
Berger Mid Cap Value
Fund Mid-Cap Value
Funds 74/209 -
Berger Small Cap Value
Fund Small-Cap Value
Funds 148/246 9/112
Berger Small Cap Value
Fund II Small-Cap Value
Funds 34/246 -
(b) Closed to new investors.
(1) On 2/28/03, Janus Fund 2 merged into Janus Fund.
(2) On 2/28/03, Janus Special Situations Fund merged into Janus
Strategic Value Fund and the fund was renamed to Janus Special Equity
Fund.
Janus funds are distributed by Janus Distributors LLC. Berger Value Funds are distributed by Berger Distributors LLC. (4/03)
CONTACT: Janus Capital Group Inc.Blair Johnson, 720/210-1439
Shelley Peterson, 303/316-5625
SOURCE: Janus Capital Group Inc.